Common use of Completion and Closeout Clause in Contracts

Completion and Closeout. A. The Contractor shall have completed the unfinished and defective Work listed in the “punch list” and notify the A/E of its completion. The A/E will schedule a Final Inspection and require the Contractor to demonstrate that all equipment and systems operate as designed. The Owner may elect to have other persons, firms or agencies participate in the inspections. B. Failure of the Contractor to achieve completion within the allowed time shall entitle the Owner to consider the Contractor in breach of the Contract. C. If more than one Final Inspection is required, the Contractor shall reimburse the Owner for all costs associated with the re-inspection, if any. D. Final Payment shall not be due, nor shall retained funds be released, until the Contractor complies with the requirements of Article 4.

Completion and Closeout. A. The Contractor shall have completed the unfinished and defective Work listed in the “punch list” and notify the A/E Owner of its completion. The A/E Owner will schedule a Final Inspection and require the Contractor to demonstrate that all equipment and systems operate as designed. The Owner may elect to have other persons, ; firms or agencies participate in the inspections. B. Failure of the Contractor to achieve completion within the allowed time shall entitle the Owner to consider the Contractor in breach of the Contract. C. If more than one Final Inspection is required, the Contractor shall reimburse the Owner for all costs associated with the re-inspection, if any. D. Final Payment shall not be due, nor shall retained funds be released, until the Contractor complies with the requirements of Article 4.